During trading Friday, 59 stocks traded to a 52-week high, while 6 stocks bottomed out at new 52-week lows. The S&P 500 is up 0.71% on the day so far. Stocks started the day off in negative territory, but climbed back into positive territory after Gilead (GILD) said that their covid-19 treatment, “remdesivir,” reduces the death rate based on new data from the company. Additionally, President Trump stated that Phase 2 of the US-China trade deal is unlikely after recent events.
The following stocks traded to 52-week highs:
ALRM, AMZN, ATVI, CAG, CDNS, CELH, CFFA, CHD, CHGG, CLCT, CLX, COUP, CWH, CYRX, CYTK, DPZ, DT, EA, ECOM, EPAM, FOCS, FTCH, FVRR, GSHD, HL, IAC.XX10, IMMU, JBHT, KKR, LL, LSCC, LVGO, MKC, MPWR, MRVL, MTCH.XX10, MTSI, NEO, NFLX, NVDA, OSPN, OSTK, PCRX, QGEN, QTWO, RNG, SAIA, SCPL, SLP, SPAQ, SPLK, TDOC, TSCO, TTWO, VAPO, VICR, YNDX, ZM, ZYXI
The following Stocks traded to 52-week lows:
ANIP, CORR, EOLS, JCOM, REPH, SATS, CWCO
Technology: ALRM, CDNS, COUP, DT, ECOM, EPAM, IAC.XX10, LSCC, MPWR, MRVL, MTCH.XX10, MTSI, NVDA, OSPN, QTWO, RNG, SPLK, VICR
Technology stocks dominated our list of highs today with 18 out of the 59 total stocks that reached their high coming from the Technology sector. The Technology industry is up -0.46% so far Friday while the S&P 500 is up 0.71%. NVDA stock reached a record high after Citi increased their price target to $500 from $400, while SPLK reaches highs after being resumed at BTIG Research as a buy with a price target of $243.
Healthcare: CYTK, IMMU, LVGO, NEO, PCRX, QGEN, SLP, TDOC, VAPO, ZYXI
The Healthcare industry makes up the minority of our 52-week highs, as 10 out of our 59 52-week highs comes to us from the Healthcare industry. The Healthcare industry is down -0.54% so far Friday while the S&P 500 is up 0.71%. CYTK was initiated at Raymond James with a price target of $39, while SLP is up after filing for mixed securities shelf offering despite no amount being given at this time.